Having agreed £24m in June alone the business has now closed in excess of £400m of facilities to support the construction of residential and mixed-use property developments across the UK.

These latest milestones come after CrowdProperty secured new lending partnerships with British Business Investments  and a UK bank, while also expanding its credit team  to provide enhanced support to developers.

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Mike Bristow, CEO at CrowdProperty (pictured above), said: “Our continued growth speaks to the ongoing need for specialised finance solutions to support SME developers.

“These property professionals are a vital part of tackling the housing shortage in the UK, with the ability to develop viable projects that would not be considered by the larger firms who provide the majority of new homes.

“As we approach half a century since the UK built more than the aspirational target of 300,000 homes a year, CrowdProperty is keen to support more property developers through our deep understanding of the sector and diverse sources of funding.”